The global installed base of active remote tank monitoring (RTM) solutions reached 7.7 million units at the end of 2022, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 25.0 percent, the active installed base is estimated to reach 23.5 million units worldwide in 2027. Berg Insight estimates that the European market accounted for more than 1.8 million active RTM systems at the end of 2022. The North American market is estimated to be larger than the European at around 3.2 million active units. The Asia-Pacific market is moreover estimated to represent an installed base of about 1.7 million RTM systems at the end of 2022. South America and Middle East & Africa are smaller markets having installed bases of 385,000 units and 539,000 units respectively.

There are more than 100 RTM solution vendors active on the market worldwide and this report covers 63 companies. Berg Insight ranks Otodata once again as the leading RTM solution provider in terms of the active installed base worldwide with an installed base of about 2.0 million RTM units. Otodata is based in Canada and primarily focuses on the fuel reseller segment in North America. Otodata has so far acquired 3 companies to boost its growth plans: Wise Telemetry in April 2021, Wireless Applications Corporation (WACnGO) in December 2021 and AIUT’s LPG branch in June 2022. Anova and SkyBitz (Ametek) were in second and third place having achieved installed bases of about 1.0 million units and 210,000 units respectively. Anova has done a string of acquisitions including Independent Technologies, Wikon, ISA – Intelligent Sensing Anywhere, iTank (Sierra Wireless) and Silicon Controls to become the second largest RTM solution vendor with more than 2,000 customers in 80 countries. SkyBitz is based in the US and most of its tanks under management can be found in North America and a few in Mexico and other countries. Tank Utility based in the US and German FoxInsights followed in fourth and fifth place and had installed bases of 130,000 and 125,000 tank monitoring systems respectively. Sensile Technologies, Dunraven Systems, Angus Energy, Kingspan and PowTechnology are also ranked among the largest providers with 70,000–100,000 units each.

Other RTM solution providers with installed bases of 22,000–50,000 RTM systems in active use at the end of 2022 include ATEK Access Technologies, Varec, Banner Engineering, FreeWave, GreenCityZen, Gasbot, Insite Platform Partners, SilentSoft, Tecson and Schmitt Industries.

Merger and acquisition activity on this market is just about to commence at the same time as new innovative companies enter the market. Anova and Otodata have been the most ambitious consolidators on the market so far with 5 and 3 acquisitions respectively.

Johan Fagerberg, Principal Analyst, Berg Insight, said:

“Additional companies have recently started to look at in-organic grow opportunities more actively including for instance Rochester Sensors that acquired Tekelek in Q2-2023 and Four Data that picked up the European business unit (excluding Switzerland) of Silentsoft in the same quarter”

Mr. Fagerberg anticipates that the market consolidation of the remote tank monitoring industry will accelerate in the next five years.

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The global installed base of active remote tank monitoring (RTM) solutions reached 6.2 million units at the end of 2021, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 29.9 percent, the active installed base is estimated to reach 23.0 million units worldwide in 2026. Berg Insight estimates that the European market accounted for almost 1.5 million active RTM systems at the end of 2021. The North American market is estimated to be larger than the European at around 2.6 million active units. The Asia-Pacific market is moreover estimated to represent an installed base of about 1.4 million RTM systems. South America and Middle East & Africa are smaller markets having installed bases of 310,000 units and 434,000 units respectively.

There are more than 100 RTM solution vendors active on the market worldwide and this report covers 63 companies. Berg Insight ranks Otodata once again as the leading RTM solution provider in terms of the active installed base worldwide with an installed base of about 1.6 million RTM units. Otodata is based in Canada and primarily focuses on the fuel reseller segment in North America. Otodata has so far acquired 3 companies to boost its growth plans: Wise Telemetry in April 2021, Wireless Applications Corporation (WACnGO) in December 2021 and AIUT’s LPG branch in June 2022. Anova and SkyBitz (Ametek) were in second and third place having achieved installed bases of about 890,000 units and 195,000 units respectively. Anova has done a string of acquisitions including Independent Technologies, Wikon, ISA – Intelligent Sensing Anywhere, iTank (Sierra Wireless) and Silicon Controls to become the second largest RTM solution vendor with more than 2,000 customers in 75 countries. SkyBitz is based in the US and most of its tanks under management can be found in North America and a few in Mexico and other countries. Polish AIUT and Tank Utility followed in fourth and fifth place and had installed bases of 172,000 and 125,000 tank monitoring systems respectively. Sensile Technologies, FoxInsights, Angus Energy, Kingspan, Dunraven Systems and Powelectrics are also ranked among the largest providers with 60,000–100,000 units each. Other RTM solution providers with installed bases of 21,000–50,000 RTM systems in active use at the end of 2021 include Varec, ATEK Access Technologies, Banner Engineering, FreeWave, GreenCityZen, Insite Platform Partners, SilentSoft, Schmitt Industries and Tecson.

Merger and acquisition activity on this market is just about to commence at the same time as new innovative companies enter the market. Anova and Otodata have been the most ambitious consolidators on the market so far with 5 and 3 acquisitions respectively.

Johan Fagerberg, Principal Analyst, Berg Insight, said:

“Additional companies have recently started to look at in-organic grow opportunities more actively including for instance Tekelek that acquired Dunraven Systems in Q4-2021 and Sigicom that picked up ETM Mätteknik during in Q1-2022.”

Mr. Fagerberg anticipates that the market consolidation of the remote tank monitoring industry will accelerate in the next five years.

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The global installed base of active remote tank monitoring (RTM) solutions reached 4.8 million units at the end of 2020, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 35.5 percent, the active installed base is estimated to reach 22.2 million units worldwide in 2025.

Berg Insight estimates that the European market accounted for more than 1.3 million active RTM systems at the end of 2020.

The North American market is estimated to be larger than the European at around 1.6 million active units.

The Asia-Pacific market is moreover estimated to represent an installed base of about 1.4 million RTM systems.

South America and Middle East & Africa are smaller markets having installed bases of 243,000 units and 388,000 units respectively.

There are more than 100 RTM solution vendors active on the market worldwide and this report covers 62 companies. Berg Insight ranks Otodata as the leading RTM solution provider in terms of the active installed base worldwide with an installed base of about 1.0 million RTM units. Otodata is based in Canada and primarily focuses on the fuel reseller segment in North America.

Anova and SkyBitz (Ametek) were in second and third place having achieved installed bases of about 743,000 units and 180,000 units respectively. Anova has done a string of acquisitions including Independent Technologies, Wikon, ISA – Intelligent Sensing Anywhere and iTank (Sierra Wireless) and Silicon Controls to become the second largest RTM solution vendor with more than 2,000 customers in 70 countries. SkyBitz is based in the US and most of its tanks under management can be found in North America and a few in Mexico and other countries.

Polish AIUT and Sensile Technologies from Switzerland followed in fourth and fifth place and had installed bases of 138,000 and 100,000 tank monitoring systems respectively.

Tank Utility, FoxInsights, Angus Energy, Dunraven Systems, WACnGO and Kingspan are also ranked among the largest providers with 55,000–92,000 units each.

Other RTM solution providers with installed bases of 21,000–50,000 RTM systems in active use at the end of 2020 include Varec, ATEK Access Technologies, Powelectrics, Banner Engineering, FreeWave, SilentSoft, Insite Platform Partners, GreenCityZen and Schmitt Industries.

Merger and acquisition activity on this market is just about to commence at the same time as new innovative companies enter the market. Anova has been the most ambitious consolidator on the market so far with its acquisitions of 5 major companies.

Johan Fagerberg, Principal Analyst, Berg Insigh, said:

“Additional companies have recently started to look at in-organic grow opportunities more actively including for instance Otodata that acquired Wise Telemetry in April 2021 and Wika that picked up Sensile Technologies during in Q3-2020.”

Mr. Fagerberg anticipates that the market consolidation of the remote tank monitoring industry will accelerate in the next five years.

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Off-grid energy distributor improves efficiency, sustainability and lowers costs with real-time asset monitoring.

SHV Energy and Sigfox are rolling out a global LPG tank level monitoring solution.

The implementation has started in France, Belgium and Germany and is already generating lower carbon emissions and improved customer satisfaction. Over the next three years, 50,000 units will be rolled out worldwide. Sigfox’s IoT (Internet of Things) asset monitoring capability enables SHV Energy to reduce the cost of tank level monitoring, while increasing efficiency and productivity.

SHV Energy, a leading global distributor of off-grid energy such as LPG, LNG, biofuels and renewables, with 30 million customers in 25 countries and 16,700 employees, selected to work with Sigfox, a world’s leading IoT communication service provider and 0G network pioneer.

SHV Energy set-up a Telemetry Centre of Excellence and used Sigfox’ solutions and partner Aton SB S.p.A to deliver a homogeneous, global solution for tank level monitoring that provides sophisticated data analytics, and connected smart devices for daily tank level readings. SHV Energy can now optimize delivery routes and schedules, and has improved sustainability by reducing the firm’s carbon footprint.

Additionally, the Sigfox-based solution is considerably more cost-effective than cellular alternatives. Savings stem from low-cost components, no SIM cards, and modest connectivity costs.

Simon Gilchrist, Global Programme Lead, SHV Energy, explains:

“Data collection is critical to the success of our business. Our efforts to streamline this process have been boosted tremendously through the Sigfox solution. We are now able to gather information at an extremely low-cost point, and this enables the wider scale rollout of a homogeneous tank monitoring system across the globe.”

“Sigfox has exceeded our expectations. Its network and technology partners will help to meet our strategic objectives of harnessing the power of telemetry to the fullest.”

“The global Sigfox 0G network has delivered once again when it comes to providing connectivity solutions that offer a direct environmental benefit. Across multiple territories, and with the support of our Sigfox Operators, our solution for SHV Energy is helping to lower CO2 emissions as remote tank level monitoring ultimately reduces the number of overall site visits and eliminates unnecessary visits,” adds Ian Terblanche, Senior Vice President of Global Sales at Sigfox.

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The global installed base of active remote tank monitoring (RTM) solutions reached 3.6 million units at the end of 2019, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 35.1 percent, the active installed base is estimated to reach 16.3 million units worldwide in 2024.

Berg Insight estimates that the European market accounted for more than 0.9 million active RTM systems at the end of 2019. The North American market is estimated to be larger than the European at around 1.2 million active units. The Asia-Pacific market is moreover estimated to represent an installed base of about 1.0 million RTM systems at the end of 2019. South America and Middle East & Africa are smaller markets having installed bases of 181,000 units and 326,000 units respectively.

There are more than 100 RTM solution vendors active on the market worldwide and this report covers 60 companies. Berg Insight ranks Anova as the leading RTM solution provider in terms of the active installed base worldwide with an installed base of about 570,000 RTM units at the end of 2019. Anova has done a string of acquisitions including Independent Technologies, Wikon, ISA, iTank (Sierra Wireless) and Silicon Controls to become the largest RTM solution vendor with more than 1,600 customers in 70 countries. Otodata and SkyBitz (Ametek) were in second and third place having achieved installed bases of about 500,000 units and 150,000 units respectively. Otodata is based in Canada and primarily focuses on the fuel reseller segment in North America, whereas SkyBitz is based in the US and most of its tanks under management can be found in North America and a few in Mexico and other countries. Polish AIUT and Sensile Technologies from Switzerland shared fourth place and had each an installed base of 100,000 tank monitoring systems. WACnGO, Varec, ATEK Access Technologies, Kingspan, Angus Energy and Tank Utility are also ranked among the largest providers with 50,000–60,000 units each. Other RTM solution providers with installed bases of 15,000–45,000 RTM systems in active use at the end of 2019 include Dunraven Systems, FreeWave, Powelectrics, SilentSoft, Insite Platform Partners, LIV-T, FarmChem, Schmitt Industries and Banner Engineering.

Merger and acquisition activity on this market is just about to commence at the same time as new innovative companies enter the market. “Anova is the most ambitious consolidator on the market and has become the largest RTM solution vendor worldwide as the result of 5 major acquisitions in the past three years”, said Johan Fagerberg, Principal Analyst, Berg Insight. Mr. Fagerberg anticipates that the market consolidation of the remote tank monitoring industry will accelerate in the next five years.

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The global installed base of active remote tank monitoring (RTM) solutions reached 2.5 million units at the end of 2018, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 36.3 percent, the active installed base is estimated to reach 11.9 million units worldwide in 2023. Berg Insight estimates that the European market accounted for more than 0.6 million active RTM systems at the end of 2018. The North American market is estimated to be larger than the European at around 0.9 million active units. The Asia-Pacific market is moreover estimated to represent an installed base of about 0.7 million RTM systems at the end of 2018. South America and Middle East & Africa are smaller markets having installed bases of 127,000 units and 253,000 units respectively.

There are more than 100 RTM solution vendors active on the market worldwide and this report covers 58 companies. Berg Insight ranks Anova (formerly DataOnline) as the leading RTM solution provider in terms of the active installed base worldwide with an installed base of about 380,000 RTM units at the end of 2018. Anova has done a string of acquisitions including Independent Technologies, Wikon, ISA and iTank (Sierra Wireless) to become the largest RTM solution vendor with more than 1,000 customers in 70 countries. Silicon Controls and SkyBitz (Ametek) were in second and third place having achieved installed bases of about 250,000 units and 130,000 units respectively. Silicon Controls is based in Australia and primarily focuses on gas tanks whereas SkyBitz is based in the US and most of its tanks under management can be found in North America and a few in Mexico and other countries.

Polish AIUT and Tecson from Germany shared fourth place and had each an installed base of 100,000 tank monitoring systems. ISA – Intelligent Sensing Anywhere and Sensile Technologies follow and have reached 75,000 and 70,000 tanks under management respectively. Varec, ATEK Access Technologies, Dunraven Systems and Kingspan are also ranked among the largest providers with 35,000–50,000 units each. Other RTM solution providers with installed bases of more than 25,000 RTM systems in active use at the end of 2018 include Powelectrics, Tank Utility, FreeWave, SilentSoft and Insite Platform Partners.

Merger and acquisition activity on this market is just about to commence at the same time as new innovative companies enter the market.

Johan Fagerberg, Principal Analyst, Berg Insight, said:

“Anova is the most ambitious consolidator on the market and has become the largest RTM solution vendor worldwide as the result of 4 major acquisitions in the past 18 months.”

An additional recent transaction was the merger between Hawk Measurement and FLO-CORP in August 2019. Mr. Fagerberg anticipates that the market consolidation of the remote tank monitoring industry will accelerate in the next five years.

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Monnit Corporation today announced the release of the ALTA® Propane Tank Monitor which allows users to check propane levels from anywhere.

With the ability to integrate with both Sr and Jr R3D® Remote Ready gauges, the monitor offers a plug-and-play remote monitoring solution.

“Several of our propane industry customers asked for the capability to check tank levels before arriving on-site,” said Brad Walters, Monnit CEO.

“This remote monitor will save energy companies massive amounts of time and fuel by eliminating unnecessary physical checks. More importantly for propane customers, the monitor’s alerts ensure that they will never run dry.”

What IoT brings to the propane industry

The ALTA Propane Tank Monitor enables propane supply companies a needs-based delivery option instead of schedule-based delivery, eliminating unnecessary:

• Time spent physically checking tanks with sufficient propane levels
• Fuel used to reach remote tanks which don’t need servicing
• Wear and tear on service vehicles

Preventing tanks from running dry also means the propane companies don’t need to spend extra time reinitializing a customer’s propane system and saves customers from having to pay hundreds for reinitialization.

Sensor Features

• Transmits the exact reading from a Sr or Jr R3D Remote Ready gauge
• Configurable text, email and call alerts
• Industry-leading range: 1,200+ feet (through 12+ walls)
• Exceptional battery life delivers 12+ years of monitoring using two AAs
• Bank-level encryption keeps data safe
• Global frequencies for international use

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Picoty deploys advanced fuel tank monitoring solution from Tekelek to optimize business operations.

Tekelek, a leading developer and manufacturer of IoT telemetry products and solutions, today announced the launch of a large-scale deployment of LoRa-connected ultrasonic sensors with Picoty in France.

Under the contract, Tekelek will supply Picoty with the recently developed LoRaWAN Tank Sensor which is a flexible and configurable battery-operated liquid sensor with an integrated LoRaWAN radio. It is the first among such SMART tank monitoring devices to be deployed to the European fuel oil distribution market and will enable Picoty to monitor tanks across its group of 27 affiliates in Western France.

The Picoty Group, one of France’s largest fuel distribution companies, provisions fuel, gas, lubricants, ad blue and additives to tens of thousands of tanks in France. The project will use the LoRa network and data platform of Objenious, part of the Bouygues Telecom group.

“We have chosen Tekelek for their deep experience developing accurate and robust tank sensors,” said Mathias Schildt – Growth Development Director and Isabelle Bodecot Chief Product Manager.

“Together with Objenious, which operates the largest LoRa network in France so far, they have put together a compelling solution that allows us to monitor both over-ground and underground tanks throughout France, with excellent quality and battery life.”

“This solution enables us to better organise more efficient deliveries, reduce our carbon footprint, and optimise our logistics. We can offer this solution to a wider range of customers than before due to the cost and battery performance advantages of LoRa, meaning our customers are assured a reliable, efficient and timely fuel delivery service.”

Oliver McCarthy, General Manager says:
“This is an exciting time at Tekelek. We are delighted to engage with Picoty and this deployment in France highlights the opportunity that SMART tank monitoring technology offers. Traditionally, cost of investment has prevented the widespread deployment of tank monitoring units to homes and businesses. Tekelek’s new LoRaWAN Level Monitors infrastructure is based on an ultra-low-power, long-range LoRaWAN network. The advantages of a low-cost network infrastructure, long life battery and low maintenance costs makes large scale monitoring now an affordable and profitable investment for groups such as Picoty.”

The TEK766 LoRaWAN Monitor has the following key features and benefits:

• Real time data analytics
• Remote configurability
• 14-year battery life
• Flexible liquid level measurement solution i.e. fuel oil, water, chemicals, lubricants, liquid fertiliser etc.
• Spot and continuous inventory management

“Today, thanks to this SMART solution, which is easy to install and flexible, fuel oil stakeholders’ benefit from numerous advantages, at a lower cost Oliver”, says McCarthy, General Manager at Tekelek.

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The global installed base of active remote tank monitoring (RTM) solutions reached almost 1.8 million units at the end of 2017, according to a new research report from the M2M/IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 37.2 percent, the active installed base is estimated to reach 8.6 million units worldwide in 2022.

• Berg Insight estimates that the European market accounted for more than 0.4 million active RTM systems at the end of 2017.
• The North American market is estimated to be larger than the European at around 0.6 million active units.
• The Asia-Pacific market is moreover estimated to represent an installed base of about 0.6 million RTM systems at the end of 2017.
• South America and Middle East & Africa are smaller markets having installed bases of 89,000 units and 177,000 units respectively.

There are more than 100 RTM solution vendors active on the market worldwide and this report covers 56 companies.
Berg Insight ranks Independent Technologies (WESROC) and DataOnline as the leading RTM solution providers in terms of the active installed base worldwide with installed bases of about 150,000 and 140,000 RTM units respectively at the end of 2017. Silicon Controls and SkyBitz (Telular) were in third and fourth place having achieved installed bases of about 100,000 units each. Silicon Controls is based in Australia and primarily focuses on gas tanks whereas SkyBitz is based in the US and most of its tanks under management can be found in North America and a few in Mexico and other countries. Polish AIUT won fifth place and had an installed base of 80,000 tank monitoring systems. ISA – Intelligent Sensing Anywhere and Sensile Technologies follow and have reached 70,000 and 60,000 tanks under management respectively.

Varec, Dunraven Systems, ATEK Access Technologies and Powelectrics are also ranked among the largest providers with 30,000–50,000 units each. Other RTM solution providers with installed bases of more than 20,000 RTM systems in active use at the end of 2017 include SilentSoft, Insite Platform Partners, Numerex (Sierra Wireless), FreeWave and FarmChem.

Merger and acquisition activity on this market is just about to commence at the same time as new innovative companies enter the market.

Johan Fagerberg, Principal Analyst, Berg Insight, said:

“DataOnline announced the acquisition of Independent Technologies in August 2018 to become the largest RTM solution vendor with more than 1,000 customers in 75 countries and an active installed base of 290,000 connected tanks.”

Independent Technologies (WESROC division) had previously acquired Enertrack at the end of 2017. DataOnline had also in April 2018 picked up German-based Wikon. In August 2017, Sierra wireless acquired Numerex that offers the iTank solution. Mr. Fagerberg anticipates that the market consolidation of the remote tank monitoring industry will accelerate in the next five years.

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Partnership proves value of collaborative model for IoT network deployment and management.

Senet and QuaeNet Inc., Canada’s leading LPWAN IoT network provider, today announced a partnership agreement in which QuaeNet will leverage Senet’s Radio Access Network Operator services to meet the growing demand for automated tank monitoring solutions across Canada.

Through this strategic engagement, QuaeNet will become the first Canadian network provider to support Senet’s partnership with WESROC, the industry leader in fuel tank and asset monitoring. In December 2017, Senet announced it had entered into a definitive agreement to sell its fuel delivery and monitoring solution, EnerTrac, to the WESROC division of Independent Technologies and provide critical network connectivity and build out services to WESROC, on an exclusive basis.

With the large number of propane and fuel oil tanks being used to heat residential and commercial properties, a reliable means of monitoring fuel levels is essential. WESROC tank monitoring solutions optimize delivery efficiency by using affordable monitors to capture customer fuel tank levels throughout the day. Companies use WESROC solutions to save on fuel delivery costs, more accurately forecast fuel usage, reduce the carbon footprint of their delivery fleet and to improve their overall customer experience.

“We are thrilled to be collaborating with Senet to provide the LoRaWAN connectivity for WESROC in Canada,” said Ossama Bessada Co-CEO of QuaeNet.

“This partnership is a great step forward in meeting the growing demand for IoT solutions that drive intelligent business decisions and improve customer service, while creating the opportunity for a number of cross-border IoT business initiatives between our companies.”

Senet’s Radio Access Network (RAN) Operator services provide coordinated go-to-market activities between operators, solution providers and system integrators ready to take immediate advantage of highly scalable and secure connectivity purpose built for the IoT. RAN providers partnering with Senet can create new revenue streams by deploying and maintaining LoRaWAN Gateways of any type (indoor or outdoor) on their infrastructure and benefit from their investment by sharing in the revenue generated by all end devices connecting to their Radio Access Network.

“This is an exciting partnership on multiple fronts,” said Bruce Chatterley, CEO at Senet. “Not only does it support one of the fastest growing IoT applications with rapid expansion into Canadian markets, but it is a strong proof point that new deployment, pricing and customer engagement models are changing the way network operators and solution providers can participate in the IoT services economy. We are very excited to be partnering with QuaeNet to help them reach new customers and support new business opportunities as they emerge.”

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A new era in IoT tank measurement as Tekelek deploy first LoRaWAN commercial rollout in France.

Tekelek, a leading developer and manufacturer of IoT telemetry products and solutions, today announced the first volume commercial order for recently developed LoRaWAN Level Monitor.

Under the contract, Tekelek will supply the TEK766 LoRaWAN Tank Sensor which is a flexible and configurable battery-operated liquid sensor with an integrated LoRaWAN radio. It is the first among such SMART tank monitoring devices to be deployed to the European fuel oil distribution market. Traditionally, cost of investment has prevented the widespread deployment of tank monitoring units to homes and businesses.

Tekelek’s new LoRaWAN Level Monitors infrastructure is based on an ultra-low-power, long-range LoRaWAN network. The advantages of a low-cost network infrastructure, long life battery and low maintenance costs makes large scale monitoring now an affordable and profitable investment.

The TEK766 LoRaWAN Monitor has the following key features and benefits:

• Real time data analytics
• Remote configurability
• 14-year battery life
• Flexible liquid level measurement solution i.e. fuel oil, water, chemicals, lubricants, liquid fertiliser etc.
• Spot and continuous inventory management

The new LoRaWAN Level Monitor will give households and businesses unprecedented visibility and control over their fuel oil usage, and enable more accurate decisions concerning efficiency. Increased profitability and better managed business operations are the net benefits.

Oliver McCarthy, General Manager at Tekelek, said:

“Smart tank monitoring is one of many IoT-enabled applications that could transform how people live and engage with the world around them, and how businesses operate and engage with their customers. We are receiving much interest and look forward to developing relationships with our European based customers.”

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Over 3,000 Tank Monitors Already Deployed, With an Additional 3,500 Scheduled.

Numerex Corp, today announced a deal using the iTank application which supports the tank monitoring capabilities of PetroChoice, a Pennsylvania based petroleum distributor that delivers bulk lubes and fuels for industrial applications in the automotive, construction, mining, and drilling industries, among others.

PetroChoice has a total of 52 facilities in 31 states, making it one of the largest bulk lubricant distributors in the United States. The PetroChoice agreement includes an initial commitment to monitor over 6,000 tanks nationwide.

A Numerex customer since 2015, this deal will provide significant savings and a customized program for on-going support to enable PetroChoice to expand the number of tanks they monitor and improve their delivery operations and customer service. Since February of last year, over 3,000 new tank monitors have been installed and activated on PetroChoice tanks across the country. An additional 3,500 tank monitor installations are scheduled through the end of next year.

Kelly Gay, Numerex COO added:
“We are delighted to announce a scaled iTank rollout with PetroChoice, a nationwide leader in the petroleum distribution industry. This successful deployment is an excellent example of Numerex’s strong commitment to our customers. It demonstrates the great benefits that can be brought to enterprises by a first class end-to-end IoT solution. We are excited to serve prestigious customers like PetroChoice to bring them tangible results from our solutions.”

“We are excited to have found a partner that is willing to grow with us, and Numerex’s tank monitors will enable us to take customer service to the next level,” says Alex Rapp, SVP of Operations for PetroChoice.

PetroChoice currently services over 23,000 customers, and the company’s aggressive growth strategy represents a huge opportunity for Numerex. PetroChoice was attracted to the iTank offering due to Numerex’s unique service offering, which lowers upfront costs to the customer, and focuses on best-in-class service and support to enable fast deployment, and a quick return on investment, typically within the first year. PetroChoice has increased their tank delivery efficiency by 6% in the first 9 months of the project, effectively taking out one stop per monitored tank, while delivering the same volume of product.

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nxTANK Adds Value to Robust iTank Device Portfolio.

Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), announced today the PTCRB certification of nxTANK, a new LTE tank monitoring device operating on the LTE network.

The PTCRB was established in 1997 as the certification forum by select North American cellular operators as a critical network testing framework for new devices. nxTANK uses sensors to remotely measure and communicate tank fill levels for lubes and fuels, petroleum products and other bulk liquids like water, chemicals and CO2 that are used in industrial applications. These tank monitoring solutions are typically delivered by national and regional distribution companies to their customers. To develop this product and complete the successful testing, Numerex brought to bear its extensive experience in device development, certification, and platform integration.

Berg Insight’s latest analyst report on the Oil and Gas Industry reports that the installed base of active oil & gas M2M devices is forecasted to grow to 1.12 million units by 2018. Berg Insight also anticipates that pipeline monitoring and tank monitoring will be the top two M2M/IoT applications in the oil & gas industry. Other market estimates conclude that just in North America alone, there are approximately 4 million unmonitored tanks across many different vertical markets, representing a significant opportunity for an Internet of Things remote tank monitoring solution.

Ken Gayron, Interim CEO and CFO for Numerex commented:
“Numerex is excited to develop and certify a new LTE tank monitoring device.”

“The nxTANK monitor with new LTE capability will further grow Numerex’s revenue and increase penetration into this expanding vertical market, bringing the cost of network services down while boosting profit and margin for our iTank managed solution.”

nxTANK LTE adds an additional tank monitoring product to Numerex’s already industry-leading remote monitoring device portfolio. nxTANK will integrate with the iTank solution, which allows remote monitoring of tank fill levels and configuration of delivery and distribution routes using an advanced, cloud-based IoT application.

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SIGFOX seamless connectivity will allow Silicon Controls to offer global monitoring solutions for tanks and cylinders wherever the network operates.

Silicon Controls, a global leader in tank & cylinder monitoring devices (GASLOG), SIGFOX, the world’s leading provider of dedicated communications service for the Internet of Things (IoT) and Thinxtra, the exclusive SIGFOX network operator (SNO) for Australia & New Zealand, announced today a strategic partnership agreement.

As part of the agreement, Silicon Controls and Thinxtra will work together to connect Silicon Control’s next-generation remote monitoring equipment to over 1 million tanks and cylinders via the long-range, low-power SIGFOX network.

Already working on opportunities in Europe, Asia Pacific and North America, the scope of the agreement includes the focused development of Silicon Controls’ IoT monitoring equipment, leveraging SIGFOX’s connectivity solution and know-how, network expansion, development of joint go-to-market solutions and SLA-based operational support to customers.

By delivering critical tank level & other operational data, remote monitoring of tanks and cylinders eliminates run-outs & emergency deliveries and improves resource planning and route optimization. The new monitoring technology resulting from this cooperation will address these specific needs of the oil and gas industries, driving down the cost of remote-monitoring equipment, reducing maintenance through extended battery life and lowering monthly communication fees. It is ultimately about helping oil and gas suppliers reduce the cost of distribution and evolve their customer services to improve loyalty and satisfaction.

Mike Neuman, CEO of Silicon Controls, said:

“This collaborative partnership is aimed at reducing the total cost of ownership of contents and usage monitoring, allowing our customers to monitor many more tanks and cylinders than current cellular solutions allow.”

“SIGFOX’s network availability today, its global business model, long battery life, equipment and data costs make it the logical first choice in Silicon Controls’ IoT monitoring strategy.”

The majority of remote monitoring devices that will be connected to the IoT will require very simple, low-cost and low-power connectivity to transmit or receive data. In addition to meeting those requirements, SIGFOX supports a guaranteed service level and competitive pricing, which underpins Silicon Controls’ solution. These advantages, packaged in a single global agreement, will allow Silicon Controls to offer end-to-end tank & cylinder monitoring solutions wherever the SIGFOX network is available today and tomorrow.

“We are very excited about the potential of our strategic partnership and about being a partner of choice for Silicon Controls’ IoT device connectivity. With this agreement, we signal to the ANZ market that we are officially open for business,” said Loic Barancourt, Thinxtra’s CEO.

SIGFOX CEO Ludovic Le Moan said: “Thinxtra & Silicon Controls’ strategic, global partnership demonstrates the seamless IoT connectivity that we provide via local SIGFOX Network Operators to global companies like Silicon Controls, and their customers operating across Europe, Asia, the Americas and, of course, Australasia. Our local SNOs provide quick and simple access to global network services, support and pricing, as well as to their local network.”

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Telemetry solution powered by 25,000 SIM cards in 60 countries | Reduces costs of logistics by 25 percent through optimizing deliveries.

Orange Business Services has won a three-year contract with Sensile Technologies for M2M connectivity, including 25,000 SIM cards, to support its two remote monitoring products worldwide: NETRIS®2 and GASLink®.

Headquartered in Morges, Switzerland, Sensile Technologies is a pioneer in the internet of things (IoT) market. Specifically, it is a leading provider of solutions for the remote monitoring of tanks and meters in the oil and gas industry. Sensile Technologies monitors more than 60,000 tanks in industrial and business facilities across 60 countries, via a global network of highly-qualified technicians and local partners.

Up to now, Sensile Technologies used 2G compatible devices to power its telemetry solutions. The contract with Orange Business Services extends this to cover 3G/4G devices, which future-proofs the solutions against 2G network shutdown and ensures seamless global coverage.

Sensile Technologies’ telemetry solutions, GASLink® and NETRIS®2, play a key role in the monitoring process. They are installed directly in the oil or propane tank and regularly send tank level measurements via the GSM network to the cloud, where the data is automatically processed.

The up-to-date tank level data allows oil and propane merchants – and their haulers – to arrange deliveries automatically via planning tools. They get data directly in their enterprise resource planning (ERP) system from Sensile Technologies’ Oil Link cloud solution to trigger deliveries automatically. In addition, their customers can get access on smartphones to monitor consumption.

Thanks to the optimization of deliveries based on live data, merchants and haulers can lower their logistics costs by at least 25 percent, without the risk of customers running dry. In addition to mitigating the risk of running out of fuel, customers are also able to access a detailed visualization and analysis of their logistics, enabling them to adapt their processes to reduce their costs further.

“Leading oil and propane companies rely on our autonomous, robust, and easy to install systems. We have more than 60,000 in place on tanks in over 60 countries. Orange Business Services has proven itself as a reliable partner with the global footprint we need for our business. Their competitive flat-fee pricing was convincing as well,” said Jean-Marc Uehlinger, Operational Director, Sensile Technologies.

Anne-Sophie Lotgering, senior vice president Europe, Russia & CIS, Orange Business Services, says:

“With its telemetry solutions Sensile Technologies is helping drive the latest revolution in industry. In Industry 4.0 every part of the enterprise and each phase of the manufacturing cycle will be connected. The internet of things (IoT) and M2M play a key part in this revolution, and we manage 10 million connected objects for our customers worldwide, including over 7 million active SIM cards.”

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Real-time monitoring and analytics reduces cost of manual inspections, tightens supply chain.

Digi International today launched Digi Connect® Tank, a fully integrated, cellular-enabled remote tank-level monitoring solution for single tanks, totes and containers.

Digi Connect Tank, the latest addition to Digi’s family of solutions for tank monitoring, helps companies manage remote single tank assets efficiently and cost effectively through up-to-the-minute tank level and location data.

Automated tank data and real-time analytics decrease the need for manual inspections at remote tank sites. This automation results in fewer field service trips to remote tanks limiting accidents and insurance liability costs, while decreasing fuel and fleet costs. Real-time analytics enable a more predicable supply chain, so inventory levels can be tightly monitored and managed. Remote visibility of inventory levels ensures that tanks do not run out or overflow, providing customers with exactly what they need when they need it.

“Digi Connect Tank dramatically reduces our customers’ cost to remotely monitor a large number of single-tank locations,” saidKim Pearson, CEO of New Boundary Technologies, a solution provider for tank monitoring.

“Digi Connect Tank is a fully integrated solution for single remote tanks that is allowing us to serve this huge market need.  It is easy to install and cost effective to operate, allowing customers to achieve fast return on investment.”

Digi Connect Tank is ideal for oil, waste oil, chemical, water, wastewater, agriculture and other inventory level monitoring applications.  It features both CDMA and 3G GSM cellular technologies, an integrated ultrasonic sensor by Massa Products Corporation with non-contact liquid level, integrated GPS, a durable NEMA 4X enclosure and long battery life (2-3 years with normal usage).

Digi Connect Tank seamlessly integrates data streams into Device Cloud by Etherios enabling companies to quickly connect and manage their remote assets using any application. Device Cloud’s open architecture makes it easy to connect with any device and provides organizations with a secure platform to remotely manage and control their devices in the cloud. Leveraging Device Cloud’s APIs, Digi Connect Tank is able to report data only as needed (such as a low-level alarm), limiting costly cellular data charges.

“Digi Connect Tank fills a distinct need we see in the market through a great deal of field experience. Monitoring single remote storage tanks can be expensive, inefficient and dangerous,” said Kevin C. Riley, senior vice president of sales, Digi International.

“Digi Connect Tank changes the paradigm of remote storage tank monitoring by allowing customers to connect to their single remote tanks easily and cost effectively. The product is a great addition to our family of tank products.”

The post New Digi Connect Tank Offers Cost Effective Solution for Wireless Monitoring of Single Remote Tanks appeared first on IoT Business News.